Shale-Inland Announces Completion of ...

by tubelinks on 03/27/2012 - 06:20 pm
Tag: Press Release

Shale-Inland Holdings, LLC today announced the completion of its acquisition of the Industrial Pipe, Valves and Fittings business ("IPVF") of HD Supply, Inc.

IPVF is comprised of several businesses including Southwest Stainless and Alloy, J&J Alloys, Sunbelt Supply Co. and Metals Inc., collectively one of the nation's largest master distributors of stainless steel, chrome, nickel alloys, aluminum and carbon pipe, plate, bar, valves, flanges and fittings - with a global footprint. The IPVF companies have been combined with Main Steel and Shale-Inland Stamping & Fabricating to form one of North America's largest industrial supply companies.

"We warmly welcome Mike Stanwood, his ...

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Ta Chen Stainless Pipe expects 7pct i...

by tubelinks on 03/25/2012 - 08:47 pm
Tag: Press Release

CENS reported that driven by the recovering US steel market, Ta Chen Stainless Pipe Co, a maker of stainless steel in Taiwan, expects TWD 44 billion in consolidated sales in 2012, up over 7% from TWD 41 billion in 2011.Since the beginning of the fourth quarter of 2011, Ta Chen has hedged against volatile nickel prices, enabling it to achieve steady growth in profit margin regardless of fluctuating nickel prices in the first quarter of this year.With eight outlets in its American subsidiary, Ta Chen has become a major supplier of stainless steel there, where its subsidiary posts monthly sales between USD 95 million and USD 100 million with gross profit margin of 11%.Despite the European debt ...

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New Jersey Natural Gas To Invest $204...

by tubelinks on 03/22/2012 - 04:03 pm
Tag: Projects

New Jersey Natural Gas wants to replace about 343 miles of distribution pipes, old mains that are in danger of corrosion and leaks.

If approved by state regulators, the proposed five-year, $204 million project will occur throughout Monmouth, Ocean and Morris counties. The Wall-based utility sent the proposal to the state Board of Public Utilities on Tuesday.

It will replace cast iron and steel distribution lines that are at least 45 years old, as well as associated lines and meters that are connected to customers’ homes, spokesman Michael Kinney said. The scope of the project accounts for 60 percent of the utility’s aged infrastructure, which totals 570 miles out of more than 7 ...

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New $57 Million Pipe Plant Bringing 1...

by tubelinks on 12/02/2011 - 07:01 pm
Tag: Projects

VAM USA has announced it will open a finishing plant in Youngstown, Ohio. The $57 million facility will bring 100 jobs to a region still reeling from steel mill job losses. It will operate near a $650 million pipe mill V&M Star is constructing. Both companies are affiliates of the Vallourec Group.Houston-based VAM USA manufactures premium pipe connections that are in high demand due to ramped-up horizontal drilling operations used to extract natural gas from shale."Our products are the industry leader in the natural gas production industry," said Judson Wallace, president of VAM USA Wallace. "Expanding in Youngstown made sense for us as it brings us very close to customers working in bot ...

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